IMX Price Predictions 2023-2031
- IMX Price Prediction 2023 – up to $0.70
- IMX Price Prediction 2025 – up to $1.59
- IMX Price Prediction 2028 – up to $5.07
- IMX Price Prediction 2031 – up to $14.85
The crypto space is ever-changing, and from time to time, we have witnessed the entrants of several blockchain protocols and digital currencies looking to exceed the functional limitation of existing protocols. If you’re serious about cryptocurrencies, our IMX price prediction will help you develop a clearer perspective.
ImmutableX (IMX) scales Ethereum’s (ETH) DeFi solutions, allowing users to access the same features with lower transaction speeds. Using layer-2 technology, ImmutableX (IMX) can increase Ethereum’s (ETH) scalability and performance while decreasing gas fees.
Are you keen on crypto investing? If Immutable X is something that’s piqued your interest, read on as we bring you more details about the fundamentals of the protocol, its price history, technical analysis, and IMX price predictions for 2023 to 2032.
How much is IMX worth?
Today’s Immutable X price is $0.800793, with a 24-hour trading volume of $25,913,561. Immutable X is down 0.66% in the last 24 hours. The current CoinMarketCap ranking is #59, with a live market cap of $695,555,274. It has a circulating supply of 868,583,515 IMX coins and a maximum supply of 2,000,000,000 IMX coins.
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- NFT firm Immutable, raises $200m in Series C funding to enhance access to blockchain games
IMX price analysis
TL; DR Breakdown:
- IMX is down about 85% since it got featured in Coinmarketcap in November 2021.
- IMX has been continuously declining since March after it hit $1.59.
Bears have dominated IMX since March. The coin is down about 55% from its annual high. Will IMX recover?
IMX price analysis 1-day chart: Decline slows
IMX is down about 85% since it featured in Coinmarketcap in November 2021 and down 33.55% over the previous year. IMX has been continuously declining since March after it hit $1.59. In June, the decline accelerated following the SEC’s suit against Coinbase and Binance. The decline has, however, slowed in July.
The MACD indicator shows IMX had little price momentum in July. The William Alligator trendlines show IMX decline accelerated in June but later recovered, extending brief gains into July and August. The trendlines now converge, meaning falling price volatility. The Relative Strength Index is 52.70, showing no sign of a reversal.
Latest News: Immutable Partnership with Polygon Labs
In March, immutable and Polygon Labs revealed a strategic coalition geared towards propelling the evolution and widespread embrace of web3 gaming. This alliance will redefine gaming, capitalizing on the nearly $2 billion investor support amassed during 2022 by games developed within the Immutable and Polygon realms.
In a pioneering partnership poised to reshape the industry, Immutable will integrate Polygon’s revolutionary zero-knowledge technology into its state-of-the-art platform offerings to hasten digital ownership for gamers across the global spectrum. This collaboration streamlines the decision-making processes for game studios and developers, presenting them with a prudent and secure avenue that expedites time-to-market while providing entry to an ecosystem predicted to emerge as one of the largest and most fluid for end users.
At the crux of this partnership lies the Immutable zkEVM, an innovative EVM-compatible zk-rollup fortified by Polygon’s technology and fully endorsed by the Immutable platform. The synergy between Immutable zkEVM and the Immutable Platform aims to expedite the creation of web3-enabled games, rendering it a more efficient and less precarious endeavor for major game studios and independent developers.
IMX Price Prediction 2023-2032
IMX Price Prediction by Cryptopolitan
| Year | Minimum Price $ | Average Price $ | Maximum Price $ |
| 2023 | 0.61 | 0.63 | 0.70 |
| 2024 | 0.90 | 0.93 | 1.06 |
| 2025 | 1.33 | 1.37 | 1.59 |
| 2026 | 1.89 | 1.96 | 2.34 |
| 2027 | 2.89 | 2.99 | 3.29 |
| 2028 | 4.15 | 4.30 | 5.07 |
| 2029 | 6.03 | 6.25 | 7.16 |
| 2030 | 8.42 | 8.73 | 10.59 |
| 2031 | 12.63 | 13.06 | 14.85 |
| 2032 | 18.28 | 18.80 | 22.12 |
IMX Price Prediction 2023
In our 2023 Immutable X price prediction, we anticipate a minimum trading price of $0.61 and an average value of $0.63 for the token. With several scheduled upgrades, we expect IMX to experience a surge in value and reach a maximum price of $0.70.
According to our IMX price prediction 2024, we expect a minimum price of $0.90 and an average price of $0.93. However, If IMX’s growth trajectory persists, we predict its value could reach as high as $1.06 at its peak.
IMX Price Prediction 2025
According to our Immutable X price forecast for 2025, the minimum price of IMX will be $1.33, while the average price will be around $1.37. There is potential for significant growth in the value of IMX during this period, with the token possibly reaching a maximum price value of $1.59 by the end of 2025.
IMX Price Prediction 2026
According to the price prediction for 2026, we expect the minimum price value of the coin to be $1.89 and an average predicted value of $1.96. We expect IMX’s price to surge to a maximum of $2.34 by 2026.
IMX Price Prediction 2027
Our IMX price prediction for 2027 is a minimum value of $2.89 with an average trading price of $2.99. Based on the IMX price prediction for 2027, the price could reach a maximum of $3.29 during the year.
IMX Price Prediction 2028
Based on our IMX price prediction for 2028, the IMX token is anticipated to experience a bullish trend with a predicted floor price of $4.15 and an average trading value of $4.30. The highest possible price for 2028 is estimated to reach $5.07, reflecting a significant increase in the token’s valuation.
IMX Price Prediction 2029
Our IMX price prediction for 2029 suggests that the minimum price level could be $6.03. The IMX token will experience significant growth, with a maximum potential price value of $7.16 and an average projected value of $6.25.
IMX Price Prediction 2030
According to our IMX price prediction for 2030, the cryptocurrency’s value may drop to a low of $8.42 by year-end. However, we expect the average trading price to be $8.73 and the maximum estimated price to reach as high as $10.59.
IMX Price Prediction 2031
Based on our IMX price prediction for 2031, the minimum price of IMX will be approximately $12.63, while the average price will be around $13.06. The maximum estimated value for IMX in 2031 will reach $14.85.
IMX Price Prediction 2032
According to our IMX price prediction forecasts for 2032, the IMX coin will rise steadily. However, the minimum price of the coin will be $18.28. The average trading price is estimated at $18.80, indicating steady growth. The maximum estimated price for 2032 is $22.12, showing a potential surge in price.
IMX Price Predictions by WalletInvestor
Wallet Investor uses technical analysis to forecast cryptocurrencies like IMX. IMX’s past performance index rating of B; adds that IMX would make a bad one-year investment. The expected average price in 2024 will be $0.5077. IMX’s return on investment (ROI) will be -63.96% in 2024. In 2025 the ROI will be -92.55%; in 2026, it will be -81.52%; in 2027, it will be -89.48%. According to the analysis, the IMX price is bearish over the entire period.
IMX Price Predictions by CryptoPredictions
The site scans a coin’s exchange prices and other historical market data and analyses it to provide IMX coin price prediction. Their IMX price forecast for 2024 is $1.004 in January and $1.123 in December.
In 2025, IMX will trade at an average price of $1.153 in January and $1.440 in December. In 2026, IMX will sell at an average price of $1.463 in January and $1.687 in December.
IMX Price Predictions by Digitalcoin Price
IMX will be bullish from 2023 to 2032; the maximum IMX average forecast price for the entire duration will be $14.23. In 2024 it will trade at a mean price of $1.77. It will reach a maximum price of $1.88 and a minimum of $1.57. In 2025, it will trade at a mean price of $2.42. It will reach a maximum price of $2.67 and a minimum of $2.16. In 2031 it will trade at a mean price of $114.14. It will reach a maximum price of $14.23 and a minimum of $13.72.
IMX Predictions By Industry Experts
Immutable X price predictions by Binance, the world’s largest exchange by trading volume, indicate a bullish price projection; IMX will average at $0.772529 in 2024, $0.81115 in 2026, and $1.035263 in 2030. In 2050, APE will be at $2.74686.
Jerry Banfield Crypto provides an honest opinion on Immutable X. Here are the key takeaways.
Cons
- $700 million worth of IMX is yet to unlock.
- Only 54,000 holders on Ethereum.
- Poor IMX performance.
- No stake in the company on owning IMX.
Pros
- Listings on major exchanges
- High market cap
- Leading layer 2 for blockchain gaming.
- Quality games.
- Solid partnerships like Gods Unchained, Gamestop, and Illuvium.
- High staking APY
- 5th in NFT sales
- Solid funding
Based on these, he rates the projects 4 out of 5 and provided a poor outlook on IMX’s performance.
IMX Overview
IMX Price History
To better understand what could happen to the Immutable X price in the future, it’s helpful to explore its price history. The Immutable X (IMX) token began trading in November 2021 following an IEO on Huobi Global, a series of private sales, and two ICOs. Tokens initially sold for less than a quarter of a dollar on Huobi, soon jumped to $3, and peaked at $9.50 a few days after. Then came the big crash of 2022 that has so far devaluated the coin from about $5 in January 2022 to less than $1 in September 2022.
In 2023, IMX opened at $.3835 in January and peaked at $1.5354 in March, after which it turned bearish.
More on Immutable X
Immutable X claims to be the premier Layer-2 scaling solution for Non-fungible Tokens (NFTs) on the Ethereum blockchain. According to the development team, the blockchain overcomes Ethereum’s limitations, such as low throughput, slow development experience, poor end-user experience, and illiquidity.
Instead, users and developers experience massive improvements in scalability, instant trading, and zero gas fees on minted and traded NFTs without jeopardizing their security and assets. Immutability X leverages the STARK zk-rollups (an Ethereum-based off-chain protocol) to achieve its goals.
The native token of the Immutable X protocol is IMX – an ERC-20 token – used for various operations on the blockchain, such as network rewards, liquidity maintenance, trading, governance functions, system charging, and staking.
IMX coins have a total supply of 2,000,000,000 tokens, and the distribution is as follows:
- 51.74% is allocated to ecosystem developments such as marketing purposes, rewards, grants to developers, and provision of liquidity in the ecosystem.
- 25% to project development.
- 14.26% to a private sale – monthly unlock for 2+ years.
- 5% to public sale – 6 months unlock.
- 4% to the foundation and development-related initiatives – monthly unlock for 4+ years.
Fundamentals of Immutable X
Immutable X was created in 2018 by James and Robbie Ferguson, brothers and Forbes 30 Under 30 entrepreneurs. The network’s uniqueness is its use of zk-rollups (Zero-Knowledge rollups) and exclusive focus on Non-fungible Tokens.
With the increasing popularity of zk-rollups proof as an Ethereum scaling solution, Immutable X has found itself at the center of developments in the Ethereum space. With the possibility of reaching over 9000 transactions per second (TPS), Immutable X is poised to become the preferred blockchain for NFTs in no distant time.
One of the significant elements of Immutable X is its API abstraction layer, which allows it to deliver scalable solutions to end users. All NFT operations, such as minting and trading, are now simple API requests on the network because of its representational state transfer (REST) APIs–a feature the developers believe will be crucial to attracting new customers such as mainstream entertainment and gaming businesses.
he Immutable X protocol is keen on minimizing entry barriers for content creators and developers in the NFT space, making it possible to build marketplaces and next-gen Web3 games on the network.
Pros
- The IMX network offers an NFT-driven Layer-2 solution for the DeFi market.
- Massive NFT collaborations and rollouts – the popular Guild of Guardians and God Unchain NFTs were both from Immutable X.
- Boasts substantial achievements in the NFT space, such as 100% carbon neutral trading. This global order book ensures instant distribution of listed assets to multiple marketplaces, and true scaling for Web3 games.
Cons
- The IMX blockchain is relatively new in crypto and could face fierce competition from NXT and the Ethereum blockchain.
- Like many other crypto-based developments and currencies subject to volatility, regulations, and sentiments, the IMX coin will struggle to attract investors if the buzz in the NFT space loses momentum.
Conclusion
ImmutableX is a leading platform and ecosystem for web3 gaming on Ethereum. As per Cryptopolitan’s 2023 price prediction for IMX, the cryptocurrency will witness a predominantly bullish trend, which could increase its value, with the highest expected price being $22.12.
The cryptocurrency’s performance will be positive throughout the year, with significant upward fluctuations. This price prediction is subject to change depending on market conditions and developments in the crypto industry.
Although it’s a younger cryptocurrency, it may still be too early to determine whether it’s a good investment. You must conduct your own research before investing in IMX. Never risk more than you can afford to lose while investing. You need to know that prices might go up and down when dealing with cryptocurrencies, because they can be volatile.
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